The Income Tax Appellate Tribunal (ITAT) Pune on February 19, 2026 gave full tax exemption to Mr Gugale from Baramati, Pune after he sold his land for Rs 3.21 and used this money to buy a house. He had to go and file a case in ITAT Pune as the Income Tax Department had initially denied his tax exemption claim under Section 54F because he made a crucial technical mistake of not fully depositing the land's sale proceeds in a special bank account called 'Capital Gains Account Scheme (CGAS) before filing his income tax return (ITR).